How Much Did Applied Machinery Raise?
Funding & Key Investors

Applied Machinery has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and ongoing development within the drilling industries.

What is Applied Machinery?

Applied Machinery
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Applied Machinery Corporation (AMC), founded in 1994 and based in Spring, Texas, is a key provider of comprehensive services to the drilling sector. The company offers a robust suite of machining, mechanical, fabrication, and painting services from its Houston facilities. Furthermore, AMC is involved in the sale of drilling equipment and rigs, alongside providing essential equipment repair services, positioning it as a multifaceted player in the energy services market.

How much funding has Applied Machinery raised?

Applied Machinery has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Applied Machinery?

The substantial large-scale late-stage funding indicates a strategic phase for Applied Machinery, likely focused on expanding its operational capacity, enhancing its service offerings, or potentially acquiring complementary businesses. This capital infusion is expected to fuel further growth and solidify AMC's competitive edge in the demanding drilling industry, enabling it to meet increasing market demands and technological advancements.

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Frequently Asked Questions Regarding Applied Machinery Financial Insights

What are the most recent funding rounds that Applied Machinery has completed, and what were the funding rounds?
Applied Machinery has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Applied Machinery has raised to date?
Applied Machinery has raised a total of $150K in funding to date.
How many funding rounds has Applied Machinery completed?
Applied Machinery has completed 1 funding rounds.
How much funding did Applied Machinery raise in its most recent funding round?
Applied Machinery raised $150K in its most recent funding round.
Who are the lead investors in Applied Machinery's latest funding round?
The lead investor in Applied Machinery's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Applied Machinery's history?
The largest funding round in Applied Machinery's history was $150K.
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